Residents in Braddan will be paying 257p in the pound in rates for the forthcoming financial year.

This is an 11.7% increase on the current rates.

The domestic refuse charge has also increased by £6 (7.3%) to £88.

The rates fund the parish's local authority.

One penny on the rate equates to £5,614.91 in income for the parish, the board of commissioners says.

Andrew Jessopp, the board's chairman, said: ‘Given the economic climate over the past 12 months and the inflationary pressures currently being experienced, this was one of the most difficult rate setting exercises in a decade.

‘We considered all of the costs for the forthcoming financial year over several meetings and weighed all the options available to us.’

Douglas Council set its rates today. Click here to read that story.